504 Program Reaches over $100 Billion in Fundings
Join us as we celebrate a huge milestone for the Certified Development Company (CDC) lending industry. CDC lenders and the SBA have helped over 175,000 small business owners receive $100,040,561,000 in all time SBA 504 financing. The total impact, which includes the financing from third party lenders, has supported over $250 billion in local economic development across the nation.
B:Side Capital and their lending partners have played a monumental role in helping the industry reach such an incredible milestone over the last 30 years.
We also applaud fellow CDCs, the SBA, and 504 champions in Congress for their commitment and focus on making a difference for small businesses. Our collaboration and shared mission has ensured that small business owners across the country get the financing they need to succeed, grow, create jobs, and enhance their local communities.